Examples of Individual Defendant in a sentence
Each time any Defendant makes any payment to satisfy all or part of its Individual Defendant Aggregate Contribution, the Class Settlement Administrator and Individual Settlement Administrator shall, in the aggregate, hold back from that payment for inclusion in the Holdback Fund an amount equal to the total amount of that payment times $500 million divided by the Aggregate Settlement Amount.
However, the releases under Article VII, the Individual Defendant Aggregate Contributions, the Conditions under Sections 5.1 and 5.2, and the Aggregate Settlement Amount are critical terms upon which the Individual Settlement Agreement rests and may not be severed or altered.
However, the Settlement Class definition, the releases under Article VII, the Individual Defendant Aggregate Contributions, the Conditions under Sections 5.1 and 5.2, and the Aggregate Settlement Amount Maui Fire Cases Class Settlement Agreement 37 EXECUTION VERSION are critical terms upon which the Class Settlement Agreement rests and may not be severed or altered.
Third, if, and only if, these first two sources are exhausted, the remaining Defendants will collectively pay the remainder of Defendants’ IP Administration Share, with each Defendant paying a proportion that corresponds to its Individual Defendant Aggregate Contribution divided by the Aggregate Settlement Amount.